Helix Energy Solutions (HLX+4%) gains after saying it's closed the previously announced sale of its pipelay vessel, the Caesar, to Trevaskis Limited for a total of $138M.

|Jun. 18, 2013, 1:47 PM

Jan. 4, 2013, 8:28 AM

Helix Energy (HLX) is turning into a takeover target after streamlining the company to focus on its expanding operations for offshore oilwell support, Bloomberg writes. Analysts say recent sales of its oil-and-gas unit and a pipe-laying business have made HLX more appealing to a potential suitor such as Aker Solutions, Technip or Diamond Offshore.